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Reuters

Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.

Naspers offshoot Prosus reports strong growth in e-commerce business

TMT

21 June, 2021

Naspers offshoot Prosus reports strong growth in e-commerce business

Prosus NV said its e-commerce business grew revenues and shrank trading losses for the year that ended March 31, even ......

Indian shares end higher, helped by gains in Nifty 50 heavyweights

Markets

21 June, 2021

Indian shares end higher, helped by gains in Nifty 50 heavyweights

Indian shares fell on Monday, weighed down by heavyweight financial stocks, while shares of housing loans provider PNB Housing...

Paytm seeks shareholder approval for $1.6 bn sale of new stock

TMT

18 June, 2021

Paytm seeks shareholder approval for $1.6 bn sale of new stock

Indian digital payments firm Paytm is seeking shareholder approval to sell up to 120 billion rupees ($1.62 billion) in new ......

India police summon Twitter chief over viral video

TMT

18 June, 2021

India police summon Twitter chief over viral video

Police in India have summoned Twitter's top official in the country to answer allegations that the U.S. firm did not ......

Nifty and Sensex shed 0.73% and 0.25% for the week

Markets

18 June, 2021

Nifty and Sensex shed 0.73% and 0.25% for the week

Indian shares recovered from previous session's losses to trade higher on Friday, fuelled by gains in information technology...

COVID deals new blow to foreign carmakers' Indian dream

Consumer

18 June, 2021

COVID deals new blow to foreign carmakers' Indian dream

Foreign automakers' hopes of a booming Indian car market are fading fast as a brutal second wave of COVID-19 infections ......

Facebook launches ads globally for TikTok clone Instagram Reels

TMT

17 June, 2021

Facebook launches ads globally for TikTok clone Instagram Reels

Facebook Inc is launching ads globally on its TikTok clone Instagram Reels, the company said on Thursday. The social media...

Fed signals higher rates in 2023, bond-buying taper talks as virus fades

Finance

17 June, 2021

Fed signals higher rates in 2023, bond-buying taper talks as virus fades

The Federal Reserve on Wednesday began closing the door on its pandemic-driven monetary policy as officials projected an accelerated...

Indian shares end lower, rupee weakens as Fed signals rate hikes sooner

Markets

17 June, 2021

Indian shares end lower, rupee weakens as Fed signals rate hikes sooner

Indian shares slipped and the rupee weakened on Thursday, as the Federal Reserve's signal to raise interest rates sooner than...

Microsoft names CEO Satya Nadella as chairman

People

17 June, 2021

Microsoft names CEO Satya Nadella as chairman

Microsoft Corp on Wednesday named Chief Executive Officer Satya Nadella as its new chairman, in place of John Thompson. Nadella,...